S.Korean military fund to make $73 mn commitment to real estate funds

S.Korean military fund to make $73 mn commitment to real estate funds

The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is stepping up efforts to diversify its investment portfolio with a 100 ...

Air Incheon obtains IATA membership

Air Incheon obtains IATA membership

South Korea's cargo airline Air Incheon said on Friday that it received full membership from the International Air Transport Association (IATA) last...

Costco sells Celltrion's Yuflyma Low WAC in US

Costco sells Celltrion's Yuflyma Low WAC in US

South Korea's Celltrion Inc. announced on Tuesday that its autoimmune disease treatment Yuflyma (Low WAC, active ingredient adalimumab) is now avail...

Coupang to raise membership fees, 1st hike in over 2 years

Coupang to raise membership fees, 1st hike in over 2 years

Coupang Inc., South Korea’s largest e-commerce platform, said on Friday it will raise membership fees 58.1% to 7,890 won ($5.7) per month as i...

Hyundai Dept. Store launches membership for foreigners

Hyundai Dept. Store launches membership for foreigners

South Korea's Hyundai Department Store Group announced on Thursday that it launched H Point Global, a dedicated membership service for foreign cus...

LG Uplus, Toyota Motor Korea team up for EV chargning

LG Uplus, Toyota Motor Korea team up for EV chargning

South Korea's LG Uplus Corp. announced on Monday that it formed a partnership with Toyota Motor Korea to expand electric vehicle (EV) charger infr...

Samsung Securities decides not to rejoin Korea’s top business lobby

Samsung Securities decides not to rejoin Korea’s top business lobby

Samsung Securities Co., in a surprise move, has decided not to rejoin South Korea’s top business lobby, the Federation of Korean Industries (F...

Korea’s Big Four conglomerates likely to regain FKI membership

Korea’s Big Four conglomerates likely to regain FKI membership

South Korea’s four largest business conglomerates – Samsung, Hyundai Motor, SK and LG – will likely return as members of the count...

Hanjin teams up with global fandom company bemyfriends

Hanjin teams up with global fandom company bemyfriends

South Korea's Hanjin Transportation on Wednesday said it signed an agreement on business cooperation in the US with the Seoul-based global fandom co...

Korea's E-Mart shares tumble despite push for profitability

Korea's E-Mart shares tumble despite push for profitability

South Korea’s largest hypermarket chain E-Mart Inc., a unit of a local retail giant Shinsegae Group, suffered a drop in its share prices to a ...

Mirae Asset Securities joins Singapore Exchange's trading membership

Mirae Asset Securities joins Singapore Exchange's trading membership

South Korea's Mirae Asset Securities has made history as the first Korean financial investment firm to join the Singapore Exchange's (SGX) trading...

Korean Air, Asiana to increase award seats ahead of merger

Korean Air, Asiana to increase award seats ahead of merger

Korean Air Lines Co. and Asiana Airlines Inc. are set to increase award seats while revising their membership terms and conditions to help customers...

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

Yanolja becomes Korea's first company to join UAE's Global Unicorn Center

South Korea's Yanolja Co. a leisure booking platform company, announced on Thursday that it has become the first Korean company to join the Global U...

Hyundai Motor offers Bluelink free to new customers in US

Hyundai Motor offers Bluelink free to new customers in US

Hyundai Motor Co. in a world first is offering lifetime membership of its connected car care service Bluelink free to new customers in the US, judgi...

Digital wallet Klip sees its subscriber number surpass 2 million

Digital wallet Klip sees its subscriber number surpass 2 million

Ground X, Kakao Corp.'s blockchain technology subsidiary, said on Monday that the number of cumulative subscribers to its digital asset wallet "Klip...

Korea's Traders Wholesale Club launches paid membership program

Korea's Traders Wholesale Club launches paid membership program

S.Korea's big-box store Traders Wholesale Club officially launched its paid membership program called Traders Club on Sunday.The store has secured...

Coupang posts first positive EBITDA, raises full-year forecast

Coupang posts first positive EBITDA, raises full-year forecast

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, said on Wednesday its second-quarter performance has improved signif...

Kakao says to shift toward co-existing business model

Kakao says to shift toward co-existing business model

Kakao Corp. will be abandoning its growth model that has transformed once a mere mobile messenger operator into one of South Korea's largest busines...

Asiana likely to withdraw from Star Alliance membership post-merger

Asiana likely to withdraw from Star Alliance membership post-merger

Asiana Airlines Inc., up for a merger with bigger crosstown rival Korean Air Lines Co., is expected to drop out of Star Alliance, a global airline all...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared